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Top Crypto Gainers Today on DEXTools – PEPED, SEED
24.11.2023
DEXTools Logo / Source: DEXTools X Account Major blue-chip cryptocurrencies are trading with a positive bias on Friday despite a lack of trading volumes with US market participants away for the Thanksgiving holidays. Bitcoin (BTC) briefly hit fresh highs for the year above $38,000 and at current...
Bitcoin Price Prediction as Market Cap Surges to $730 Billion – Can BTC Maintain Its Upward Trajectory?
24.11.2023
As Bitcoin market capitalization reaches an impressive $730 billion, the cryptocurrency world turns its gaze towards the future, speculating whether BTC can sustain its current upward trajectory. The current live price of Bitcoin is $36,579, marking a 1.50% decline over the last 24 hours. Despite...
European Banking Authority Calls for Enhanced Anti-Money Laundering Rules for Crypto Providers – Regulation Incoming?
24.11.2023
Source: AdobeStock / rarrarorro The European Banking Authority (EBA) aims to update the Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) rules for crypto providers. In a consultation paper released on November 24, the banking regulator of the European Union acknowledged...
Lightspark’s CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply ‘Some Form of Compromise’
22.11.2023
David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged...
Bitcoin’s $30K Floor — Willy Woo’s Onchain Analysis Predicts Enduring Stability Above Threshold
21.11.2023
On November 21, 2023, the popular onchain analyst Willy Woo presented a detailed chart showcasing the cost basis density map of bitcoin. This analysis delves into BTC’s pricing history and transactional data, pinpointing critical areas of price stabilization and potential zones of support....
Senator Cynthia Lummis Slams SEC for its “Ruling by Enforcement” Approach Following Kraken Lawsuit
21.11.2023
Source: Sen. Cynthia Lummis’ website Senator Cynthia Lummis has criticized the Securities and Exchange Commission (SEC) for its current approach to cryptocurrency regulation. In a recent post on X (formerly Twitter), the senator accused the agency of relying on a “ruling by enforcement”...
CoinDesk Media Site Acquired by Crypto Exchange Bullish – Here’s the Latest
20.11.2023
CoinDesk X Crypto media website CoinDesk has just been acquired by cryptocurrency exchange Bullish in an undisclosed all cash deal, the Wall Street Journal reported on Monday. Bullish, which is run by former New York Stock Exchange (NYSE) President Tom Farley, said that the acquisition won’t impact...
Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans
20.11.2023
Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma committees submitted a joint response to the Central Bank’s monetary policy report for 2024-2026....
CBDC’s Not Yet Ready for Mainstream, Says Mastercard Expert
17.11.2023
Source: Pixabay / AKuptsova Mastercard’s expert Ashok Venkateswaran has expressed skepticism about the current viability of widespread central bank digital currencies (CBDC), claiming that the broad adoption of CBDC could be “difficult,” according to CNBC. Venkateswaran, Mastercard’s Blockchain...
SEC Postpones Decision on Hashdex Spot Bitcoin ETF and Grayscale Ether ETF
16.11.2023
Source: Hashdex The U.S. Securities and Exchange Commission has postponed its decision on the approval of Hashdex Bitcoin ETF and Grayscale Ethereum Futures Trust ETF. The SEC published a document that addresses to the deferral of Hashdex’s filing. Hashdex previously filed to convert its current...
Glassnode Data Shows Bitcoin Supply Less Liquid Than Ever Despite Market Gains
8.11.2023
The scarcity of the bitcoin supply has tightened, as revealed by the recent Glassnode study on onchain activities. Observations show that the inactivity of coins is touching both multi-year and unprecedented peaks, despite a substantial uptick in bitcoin’s value throughout the current year....
November Marks Rare Awakening of 2 Vintage 2010 Bitcoin Wallets Valued at $3.4 Million
7.11.2023
Bitcoin has surged over 24% against the U.S. dollar this month, and on November 7, 2023, an intriguing event took place: two dormant bitcoin addresses from 2010 were activated and transferred roughly 100 BTC, valued at $3.4 million according to the current bitcoin exchange rates. While 100 BTC...
eTukTuk raised over $180k milestone – Just a few hours to go at the current price!
7.11.2023
eTukTuk emerges in the center of a transport revolution and outruns the $180k funding mark quickly. This innovative adventure is more than simply revolutionizing city transport. It also focuses on a greener and cleaner tomorrow, as seen through its eco-friendly and budget-friendly electric cars....
Dogecoin Price Prediction as $1 Billion Sends DOGE Soaring 9% – $1 Incoming?
7.11.2023
The Dogecoin price has risen to $0.073108 today, marking a 1% gain in 24 hours and nearly a 9% gain in a week. DOGE’s current price also means that it has gained by 20% in the last 30 days, although the meme token has risen by only 4% since the beginning of the year. This […]
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Bitcoin Wallets Holding Over $1K Surge to 8M, Setting New Record
6.11.2023
According to current data from Blockware Solutions and Glassnode, the number of Bitcoin wallets with balances exceeding $1,000 has reached a new high. Data analysis reveals that the number of such wallets has reached 8 million, signaling a potential shift in investor behavior and hinting at...
Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving
5.11.2023
This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease...
Bitcoin Price Prediction as Billionaire Michael Saylor Says Bitcoin Will 10x From Current Level – Time to Buy
3.11.2023
Amid a fluctuating market and a recent dip in Bitcoin’s value, Michael Saylor, the CEO of MicroStrategy, stands firm in his conviction, suggesting a bright future for the cryptocurrency. Despite Bitcoin’s slight retreat from a monthly high, Saylor’s unwavering belief in...
FTX Claim Pricing Soars to New Heights Amid Skyrocketing AI Company Valuations
3.11.2023
The current claim pricing of FTX has seen a major surge, reaching a maximum of 55%, compared to as low as 6% in November last year. According to data provided by Claims Market, the bid and ask prices for FTX claims are currently quoted at 52% and 55%, respectively. In the context of a claims...
Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade
3.11.2023
Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over traditional safe havens like gold or cash. Wood believes that deflation is on the horizon, despite the markets’ current focus on heightened...
Bitcoin Price Prediction as BTC Bulls Keep BTC Above $34,000: Is the Bullish Momentum Sustainable?
29.10.2023
Despite these fluctuations, Bitcoin’s supremacy in the market is undeterred, holding firmly to its #1 position on CoinMarketCap. Its current market cap is a mammoth $665.9 billion. Speaking of supply, 19.53 million BTC coins are in active circulation, with a capped limit set at...